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Lira seen on steady depreciation despite CPI – Commerzbank

Commerzbank’s Tatha Ghose argues that upcoming Turkish CPI data are largely obsolete given the looming impact of higher energy prices. He expects a strong March monthly print but stresses that external-shock inflation may be treated as transient by FX markets. Regardless, he maintains that the Lira is likely to continue…

Yield spreads and policy risk cap upside – MUFG

MUFG’s Lee Hardman argues the US Dollar’s response to the Middle East-driven energy shock has lost momentum. He cites lingering optimism about a relatively quick end to the conflict, a higher US policy risk premium, and yield spreads moving against the Dollar as key factors. Fed officials signal rates may stay on hold while markets remain undecided on the next move.Policy risk and rates temper Dollar gains”The US dollar has strengthened in response to the…

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Inside KPMG’s push to turn tax experts into hands-on software builders

KPMG US doesn’t only want its tax pros using software — it wants them building it, too. Loading audio narration… In January and February, the company completed a six-week pilot involving about 30 tax experts working in small teams with engineers to vibe code workable software prototypes.Many of the participants,…

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